Common use of REMEDYING DEFAULTS Clause in Contracts

REMEDYING DEFAULTS. The Licensor may, but shall not be required to, pay such sums or to do any act which requires the expenditure of monies or services which may be necessary or appropriate by reason of the failure or neglect of the Licensee to perform any of the provisions of this License. In the event of the exercise of such right by the Licensor, the Licensee agrees to pay to the Licensor forthwith upon demand all such sums expended by the Licensor (or the fair value thereof, whichever is greater), together with interest thereon at the rate of eighteen (18%) percent per annum, as an Additional Charge.

REMEDYING DEFAULTS. The Licensor may, but shall not be required to, pay such sums or to do any act which requires the expenditure of monies or services which may be necessary or appropriate by reason of the failure or neglect of the Licensee to perform any of the provisions of this the License. In the event of the exercise of such right by the Licensor, the Licensee agrees to pay to the Licensor forthwith upon demand all such sums expended by the Licensor (or the fair value thereof, whichever is greater), together with interest thereon at the rate of eighteen (18%) percent per annum, as an Additional Charge.

REMEDYING DEFAULTS. The Licensor may, but shall not be required to, pay such sums or to do any act which requires the expenditure of monies or services which may be necessary or appropriate by reason of the failure or neglect of for the Licensee to perform any of the provisions of this License. In the event of the exercise of such right by the Licensor, the Licensee agrees to pay to the Licensor forthwith upon demand all such sums expended by the Licensor (or the fair value thereof, whichever is greater), together with interest thereon at the rate of eighteen (18%) percent per annum, as an Additional Charge.

REMEDYING DEFAULTS. The Licensor may, but shall not be required to, pay such sums or to do any act which requires the expenditure of monies or services which may be necessary or appropriate by reason of the failure or neglect of the Licensee to perform any of the provisions of this License. In the event of the exercise of such right by the Licensor, the Licensee agrees to pay to the Licensor License forthwith upon demand all such sums expended by the Licensor (or the fair value thereof, whichever is greater), together with interest thereon there at the rate of eighteen (18%) percent per annum, as an Additional Charge.

REMEDYING DEFAULTS. The Licensor may, but shall not be required to, pay such sums or to do any act which requires the expenditure of monies or services which may be necessary or appropriate by reason of the failure or neglect of the Licensee to perform any of the provisions of this License. In the event of the exercise of such right by the Licensor, the Licensee agrees to pay to the Licensor forthwith upon demand all such sums expended by the Licensor (or the fair value thereof, whichever is greater), together with interest thereon at the rate of eighteen (18%) percent per annum, as an Additional Charge.